Talk about Blockchain, Web3.0 and Metaverse

Since 2018, tech buzzwords have appeared one after another. After blockchain, the dream of demand has returned, and the debate over Web 3.0 has recently intensified. Tech and education companies such as Tesla CEO Elon Musk and former Twitter CEO Jack Dorsey have also repeatedly mentioned Web 3.0. So what is the relationship between tech buzzwords? What is the meaning of growth? Who is Internet Improvement for?

What is our relationship?

With the continuous improvement of blockchain in recent years, not everyone is aware of the concept of blockchain anymore. Blockchain is a secure and distributed ledger of data. In a blockchain system, data cannot be exchanged without Quorum approval, a feature that prevents fraud and data tampering. In other words, the blockchain ledger is shared, but not interchangeable. When a party tries to modify data, it notifies all blockchain participants that the party is trying to modify the data.

Thus, blockchain technology can support businesses in several ways by sharing data, building trust between parties, breaking down data silos, and sharing, sharing, and supporting network licensing. Reduce the need for third-party data generation Create tamper-proof real-time data that can be shared by all parties Reliability and integrity Seamless track and trace products and services across the kit.

Since 2017, blockchain has expanded beyond the market into industrial applications in areas such as communications, media, and manufacturing. Companies that rely on centralized control over user symbols may struggle with their business model due to blockchain adoption.

The tech buzzwords that have slowly entered the human eye behind blockchain are Web3.0 and Metaverse. How are our relationships? Goldman Sachs said in a research report that blockchain technology is the cornerstone of Metaverse and Web 3.0 improvements.

Web3.0 is a concept relating to Web1.0 and Web2.0. The beginning of the Internet was Web 1.0, a human-readable network. This type of presentation is available on various websites such as BBS. The owners of these sites have good rights, but many private sites have burgled a lot and even some content has been redone and attracted very few users.

In the Web2.0 phase, the Internet is read and written by users, and UGC users create content, that is, users create content, it seems. Web 2.0 sites include online communities, web applications, social networking sites, blogs, and wikis.

In the eyes of the native Internet, Web 3.0 is a more humanized Internet that includes new technologies, big data, intelligent intelligence, etc. Computers help you think a lot. From the perspective of blockchain experts, Web 3.0 refers to the consumer and, in some cases, the owner of the Internet. Web 3.0 has about four tags. It is a shared identity proof, identity verification and authorization, privacy and censorship protection, decentralized enterprise. An important part of Web 3.0 is that users create their own files. As a result, Web 3.0 is one of the best of the new network which evolved according to the concept of blockchain. Many mature examples include Ethereum and some justice applications developed by Ethereum. Of course, the share of Web 3.0 in the entire Internet world is still very low, but this model will be adopted by more and more people because it is not subject to the advent of democracy. split the path.

The Web3-based decentralized network also provides a decentralized autonomous DAO team, that is, a DAO led directly by the creator, of course, many DAO organizations are currently developing a Web3.0, and only some are available, but they. no.. All in all, DAOs are tasks.

However, the digital world driven by creativity, such as blockchain, network, co-creation, co-construction and Web 3.0, is emerging. Thus, the new digital world of Metaverse is the application of Web3.0.

Li Ming, director of the Blockchain Lab of China Electronics Standards Institute, said the data exchange continues to include information on information technologies such as blockchain, intelligence, digital twins, human interactions -computer and Internet is not the case, but from Web2.0 to Web3.0. The technology is preparing for the evolution of Through an agreement, Metaverse is the use of the advantages of digital collaboration supported by the new Web3.0 digital ecosystem with the Web3.0 technology system, operation mechanism and blockchain as a basis. He concluded that Metaverse is a new situation, a new industry and a new ecosystem supported by the release system of Web3.0 technology with blockchain as the basis, which will create many new business models in a digital environment and create new ideas in a digital environment. do it. .

Blockchain is one of the technological outputs of Web3.0 and Metaverse. Now the Internet can only know the data to send, but not the value stream, Web3.0 can know the true "connection cost". This change in value is also the basis for the completion of the metaverse.

Of course, blockchain is just one of the many technologies that are paid for by the metaverse strategy. Metaverse is an immersive digital world created with a mix of virtual reality, augmented reality, and the internet. The impact and key technologies of the transition must go beyond the constraints of time and space (5G, IoT), virtual reality (VR) and delivery costs (Web 3.0, blockchain). In the past, IDC has also developed reporting strategies in the Metaverse.

Also, the occurrence of metaverse is not just an indication. Of course, the first is the development of Internet technology, and the other is the development of virtual reality technology, which has become a very important premise. Without the Internet and the advancement of this difficult technology, we cannot speak of a metaverse today. There are also human things, like the human perception of the virtual world. Additionally, there are financial improvements and cracks, and chain optimization makes the metaverse possible. Thus, the development of blockchain technology is a key part of Metaverse and Web 3.0 improvements.

What can you do to improve the business?

Not all voices agree with Web 3.0 and the Metaverse. Of course, the development of both is still in its infancy and will certainly be problematic. How to better understand technology development should be an essential part of business development to lead business development.

Recently, scientist Zheng Weimin said in an article that with the development of the Internet, the next blue ocean of digital information exchange will occur. Metaverse is an extension of the mobile Internet, opening the door to the virtual and real world. The metaverse will become a new direction of improvement on the Internet, or it will become a continuation of the growth of digital commerce. Metaverse research will promote the integration of real business and digital business and bring digital business to a new level. The exploration and development of the metaverse will facilitate the digital transformation of our industry and community and create innovative developments through the use of new technologies. Metaverse not only integrates 5G, cloud computing, blockchain, cloud computing and big data into the digital industry, but also integrates the future of technologies such as: VR, AR, brain-computer interfaces and Internet of things. The key to improving the metaverse is to promote innovation independence, break through to technology students, and achieve sustainable development.

Today, the concept of metaverse A-share stock has risen in the market. Among them, Internet companies such as Tencent and ByteDance have also developed related industries. Outsiders Microsoft and Google are still accelerating. Microsoft President and CEO Satya Nadella also said gaming is the most fun and exciting feature on any platform today, and will play a key role in transforming the platform. Metaverse form. .

At the local level of development, many local governments have also encouraged the development of new industries. Hua Yuan, deputy chief of staff of the Shanghai municipal government and chairman of the urban development and development committee, previously pointed out that in the 14th period of the five-year plan, Shanghai will accelerate the development of the "36" new industry. Accelerate the launch of new lines, actively capture digital markets and promote urban digital transformation. It will also lead companies to expand their research into key platforms for future interactions between the virtual world and the real world, such as emerging markets such as the metaverse.

In addition, according to data released by the Hangzhou Economic Information Bureau, in the first quarter of 2021, key industries in Hangzhou's digital industry reached an added value of 352.1 billion yuan. With the integration of next-generation information and business community, Hangzhou has accelerated the development of new technologies and industries such as intelligence, blockchain, virtual reality, and metaverse.

In addition, at the press conference titled "Promoting Capital Development in a New Era" at the 5th Session of the 15th Beijing Municipal People's Congress, Wang Lei, Party Member and Vice Chairman of the Beijing Municipal Economic Bureau , Information technology. said that Beijing will start construction of the city's supercomputing power center and Introduction supercomputing center which can easily create Metaverse a new innovation consortium, seeking to establish a Metaverse industry cluster.